global markets

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    Currency Recovery: Rupee Rises Amid Global Market Shifts

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85, aided by a sharp fall in global crude oil prices, fueled by hopes of de-escalation of the ongoing conflict in West Asia.Forex traders said the Indian...
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    Sensex and Nifty Rebound as Crude Oil Prices Fall

    Mumbai, March 10 Stock market benchmark indices Sensex and Nifty ended nearly 1 per cent higher on Tuesday after two days of a massive decline, following a drop in crude oil prices and a recovery in global peers amid indications that the West Asia crisis could soon end.The 30-share BSE Sensex...
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    India's Rupee Stabilizes After Recent Drop

    Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices amid hopes of de-escalation of the ongoing conflict in West Asia.Sharp gains in the...
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    Silver Futures Volatility Driven by Market Uncertainty

    New Delhi, March 10 Silver prices rose by 3.91 per cent to Rs 2,77,602 per kg in futures trading on Tuesday, amid global uncertainties.On the Multi Commodity Exchange, the silver for May delivery increased by Rs 10,442, or 3.91 per cent, to Rs 2,77,602 per kilogram in a trading volume of 2,300...
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    Sensex and Nifty Rise Amid Global Market Recovery

    Mumbai, March 10 The benchmark equity indices, Sensex and Nifty, rebounded sharply on Tuesday's early trading after two days of a massive decline, following a drop in crude oil prices and a recovery in global markets, amid hopes that the conflict in West Asia could soon conclude.The 30-share...
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    Oil Prices Surge Past $114 Amid Middle East Tensions

    March 09, New Delhi — Rising tensions in the Middle East are fueling a worsening energy crisis across global markets, with oil prices surging past $114 per barrel for the first time since 2022.The international benchmark Brent Crude and the main US oil contract, West Texas Intermediate, rose...
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    Crude Oil Spike and Geopolitical Concerns Drive Rupee Decline

    Mumbai, March 9 The rupee crashed to its all-time closing low of 92.35 (provisional) against the US dollar on Monday, losing 53 paise during the session, as global crude oil prices saw a sharp spike, and the US dollar strengthened amid the worsening conflict in the Middle East.The withdrawal...
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    Gold Futures Decline Reflecting Global Factors

    New Delhi, March 9 Gold prices fell by Rs 1,052 to Rs 1,60,582 per 10 grams in futures trading on Monday, due to a decline in spot demand.On the Multi Commodity Exchange, gold contracts for April delivery traded lower by Rs 1,052, or 0.65 percent, at Rs 1,60,582 per 10 grams, with a business...
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    Trump Dismisses Oil Price Surge as 'Small Price' for Security

    March 09, New Delhi – Donald Trump downplayed the surge in global oil prices driven by the war on Sunday, describing it as a temporary inconvenience amid the ongoing US-led military campaign against Iran.In a post on Truth Social, Trump said that "short-term increases in oil prices will...
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    Government Launches Mission to Strengthen Indian Exports

    March 05, New Delhi — Today, India's exports are rapidly establishing their presence among the world's largest economies. Indian products are no longer confined to the country, but are firmly making their mark in global markets. Increasing orders, new markets, and growing global demand are clear...
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    Market Reversal: Oil Companies Recover Following Geopolitical Concerns

    New Delhi, March 5 Shares of oil marketing companies rebounded on Thursday after a two-day slide, driven by bargain hunting at lower levels and a recovery in the broader market.The stock of Hindustan Petroleum Corporation Ltd rose by 4.19 per cent, Bharat Petroleum Corporation Ltd climbed by...
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    Energy Supply Disruptions Prompt India's Interest in Russian Crude

    Moscow, March 3 Russia claimed on Tuesday that India has signaled "renewed interest" in importing larger volumes of Russian crude oil amid disruptions in energy supplies following the closure of the Strait of Hormuz after US and Israeli strikes on Iran.The Strait of Hormuz is the world's most...
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    Geopolitical Tensions Drive Indian Stock Market Decline

    Mumbai, March 2 The benchmark indices Sensex and Nifty plunged by over 1 per cent on Monday as investor sentiment was significantly affected by a sharp increase in crude oil prices amid escalating tensions in West Asia.Weak trends in global markets and heavy outflows of foreign funds also...
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    Goyal Highlights India's Trade Strategy & Innovation Growth

    Mumbai, February 24 India has concluded nine free trade agreements (FTAs), covering 38 nations, enabling the country's shipments to gain preferential access to nearly two-thirds of global markets, Commerce and Industry Minister Piyush Goyal said on Wednesday.Addressing the EY Entrepreneur Of...
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    Tharoor: India Leads Global Spice Market

    February 24, New Delhi: On the second day of the International Spice Conference in Kochi, Shashi Tharoor emphasized India's leading position in the global spice trade.He stated that the global spice market is expanding rapidly, and as the world's largest producer, India remains a formidable...
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    Silver Futures Up 5% as Safe-Haven Demand Increases

    New Delhi, February 23 Silver prices rose by nearly 5% to Rs 2,65,282 per kg in the futures market on Monday as renewed global trade tensions boosted demand for safe-haven assets.On the Multi Commodity Exchange (MCX), silver futures for March delivery jumped by Rs 12,338, or 4.88%, to Rs...
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    India's Growing Role in Global Pharma Market: Export Figures and Future Plans

    New Delhi, February 21 The commerce ministry said on Saturday that the country's pharmaceutical exports grew by 9.4 per cent in 2024-25 to USD 30.47 billion, and the industry is aiming for double-digit expansion in 2026-27.Issues related to pharmaceutical exports were discussed between...
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    India's AI Opportunity: Adobe CEO Sees Global Leadership

    New Delhi, February 19 The implications of AI in India will be more significant than anywhere in the world over the next few years, given its large population, and the country can play a global leadership role in data, privacy, and security, Adobe Chairman and CEO Shantanu Narayen said on...
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    Indian Stock Market Continues Upward Trend Amid Positive Sectoral Developments

    Mumbai, February 17 Stock markets closed higher for the second consecutive day on Tuesday, driven by gains in shares of banks, IT companies, and capital goods firms.The 30-share BSE Sensex rose by 173.81 points, or 0.21 percent, to close at 83,450.96. The index fluctuated between a high of...
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    Crude Oil Futures Trade Lower: India Sees Weak Spot Demand

    New Delhi, February 17 Crude oil prices declined by nearly 1 per cent to Rs 5,734 per barrel in futures trading on Tuesday due to weak spot demand amid mixed trends in the overseas market.On the Multi Commodity Exchange (MCX), crude oil for February delivery fell by Rs 57, or 0.98 per cent, to...
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